Terms & Conditions

1. Introduction and Nature of ALIF

1.1 ALIF is established as a structured community investment forum. Its primary mandate is to aggregate member contributions and direct pooled capital into evaluated business ventures that serve the broader community interest.

1.2 ALIF shall operate strictly as an investment forum and shall not engage in direct business activities or trading operations in its own name until a sufficient pool of funds and consistent dividends are achieved. Once a defined threshold is reached, the Board of Directors may amend this clause to permit ALIF to conduct business directly at later stages.

1.3 All business participation shall be facilitated exclusively through indirect investments drawn from pooled investor funds.

1.4 Investments shall be directed toward one or more of the following categories:

Startup ventures
Established and operational businesses seeking growth capital
Acquisition of commercial properties that generate consistent monthly rental income

1.5 All investments shall remain restricted to community-based businesses that align with ALIF's values and investment mandate.

1.5A External investment is permitted only when:

No internal opportunity within the community is available; and
Approved by a two-thirds (⅔) majority vote of all investors.

1.6 Every proposed investment shall undergo rigorous and independent professional due diligence prior to Board approval and fund deployment. Due diligence shall be conducted in a structured multi-level process: initially by an external auditor or firm, followed by a review by the Administration Team, then by the Internal Finance and Audit Team of ALIF, and finally by the Board of Directors for final review and approval.

1.6A The implementation of Clause 1.6 shall be subject to the financial position of ALIF. During the initial stages, due diligence shall be carried out by the internal team comprising ALIF investors, on a voluntary basis or at a nominal charge.

2. Eligibility and Investor Screening

2.1 Membership and participation in ALIF is exclusively available to verified community members.

2.2 All applicants must successfully complete a mandatory screening process administered by ALIF.

2.3 The screening process shall include, but is not limited to:

Verification of community affiliation and standing
Assessment of good conduct through community references
Review of applicant's declared financial capacity

2.4 ALIF reserves the absolute right to approve or reject any applicant without obligation to provide reasons. Rejection shall not give rise to any claim or liability.

2.5 The ALIF Administration Team and the Board of Directors shall maintain proper documentation, including clear justifications for all approvals and rejections, as part of the official records. Such documentation shall be presented to all shareholders during General Body Meetings to ensure transparency and accountability.

3. Investor Contribution Structure

Allocation	Percentage	Details
Investor Distribution	50%	Distributed to investors proportionate to shareholding
Reinvestment	40%	Business ~70%, Real Estate ~20%, Student Support ~10%
Social Welfare	10%	Community welfare programs

Note: The Board of Directors shall have the discretion to adjust the prescribed percentages based on prevailing circumstances and the financial position of ALIF, strictly in alignment with these Bylaws. Any deviation requires approval by a two-thirds (2/3) majority vote of all shareholders.

4. Share Value and Ownership

4.1 One (1) ALIF investment share shall be valued at QAR / INR 5,000.

4.2 Full shareholding status and associated rights shall be granted only upon complete payment of the share value of 5,000.

4.3 Installment-based contributions are permitted and shall be accepted by ALIF.

4.4 Prior to completion of full payment, the following conditions shall apply:

The individual shall hold the status of Contributor, not Shareholder
Contributions received shall be treated as savings and held in trust
No dividends, returns, or distributions shall be applicable or payable

4.5 Upon reaching the full share value of 5,000, the Contributor shall automatically and irrevocably attain the status of Shareholder with all associated rights.

5. Investment Units and Allotment

5.1 Investors may submit requests for one or multiple investment units per investment cycle.

5.2 The final allotment of investment units shall be at the sole discretion of the Board of Directors. Notwithstanding this, the Board shall ensure that the allotment process is conducted in a fair, transparent, and equitable manner in strict adherence to these Bylaws.

5.3 Investment units shall be issued only upon confirmed receipt and clearance of funds.

5.4 Each investment unit shall be registered under one (1) individual name only.

5.5 Private pooling of funds among individuals is permitted; however:

ALIF shall exclusively deal with and recognize the registered individual
The registered individual may appoint one nominee from among the pooling members
Disputes arising among individuals who have privately pooled funds shall not constitute ALIF's responsibility or liability in any manner

6. Share Transfer and Valuation

6.1 Investment shares shall not be transferred, sold, assigned, or encumbered without prior written approval from the Board of Directors.

6.2 The value of ALIF shares shall remain fixed and shall not fluctuate based on external market conditions, inflation, or economic variables unless formally revised by the Board.

6.3 The valuation methodology and criteria shall be presented to shareholders at a General Meeting, and any adoption or amendment thereof shall require approval by a two-thirds (2/3) majority vote of all shareholders.

7. Investment Call and Fund Cycle

7.1 ALIF shall formally announce an Investment Call to its members at the commencement of each investment cycle.

7.2 A registration and application period of two (2) to three (3) months shall be provided following each Investment Call announcement.

7.3 Fund collection shall commence immediately upon issuance of the Investment Call and continue through the registration period.

7.4 During each investment call, the Board of Directors, in coordination with the Finance team, shall propose the targeted investment amount, identified business opportunities, and projected profit ranges as part of a financial forecast.

8. Cooling Period and Fund Allocation

8.1 A mandatory cooling period of six (6) months shall commence immediately following the conclusion of fund collection.

8.2 During the cooling period, the Board of Directors shall:

Evaluate all identified investment opportunities
Conduct or commission professional due diligence
Plan and finalize the investment strategy
Determine fund allocation across business or real estate opportunities

8.3 If the Board is unable to identify a suitable investment opportunity within the six (6) month cooling period, the entire collected fund shall be refunded to investors in full, without deduction of fees.

9. Returns and Profit Distribution

9.1 The Term Investment Date shall mean the date occurring nine (9) months from the date of the Investment Call, comprising an initial three (3) month investment period followed by a six (6) month cooling period.

9.2 Returns on investment shall be distributed to eligible shareholders on a monthly basis based on the profit and loss of the given month, quarter, or year.

9.3 Distribution of returns shall commence within six (6) months from the date of investment initiation, subject to actual business performance and realized profitability as assessed by the Board.

9.4 Returns shall be variable in nature and shall be determined by ALIF's Board based on actual investment performance. No guaranteed rate of return is promised or implied.

9.5 Profits shall be allocated as follows: 50% to investors (proportionate to shareholdings), 40% retained for business reinvestment and expansion, and 10% allocated toward community welfare programs.

Note: Student empowerment initiatives shall be categorized under business reinvestment, as beneficiaries are obligated to repay the support upon commencing their earnings.

10. Lock-In Period and Withdrawal

10.1 All investments shall be subject to a mandatory lock-in period of five (5) years from the date of investment.

10.2 Early withdrawal prior to completion of the lock-in period shall attract a penalty of twenty percent (20%) of the total invested capital.

11. Fund Management and Safeguards

11.1 Investor funds shall be managed under a structured oversight framework comprising:

A designated Treasurer responsible for day-to-day fund management
An Accounts and Audit function responsible for record-keeping and verification
The Board of Directors providing overarching governance and oversight

11.2 During the establishment phase prior to the constitution of the full governance structure, fund management responsibilities shall be entrusted to the designated founding trustee, who provides a personal guarantee that in the event of unforeseen circumstances, all entrusted investor funds shall be returned through their family or company as appropriate. (This clause shall become null and void upon the formal constitution of the ALIF Board of Directors.)

11.3 ALIF shall establish formal fund management policies and procedures, which shall be documented and made available to investors upon request.

11.4 All financial transactions of ALIF shall be compiled and presented by the Board of Directors in the form of a financial report, on a quarterly or annual basis.

12. Management Fees and Operational Expenses

12.1 ALIF shall levy a management fee to cover the reasonable and necessary operational expenses of the Forum.

12.2 All management fees shall be approved by the Board of Directors and communicated to investors transparently and in advance.

12.3 A detailed fee schedule shall be maintained and made available to all investors through the Investor Portal.

12.4 All operational expenses shall be thoroughly documented and compiled in financial reports on a quarterly or annual basis.

13. Governance Structure

13.1 The Board of Directors shall serve as the supreme governing authority of ALIF and shall hold final decision-making power on all matters pertaining to ALIF operations.

13.2 Board composition shall be determined as follows:

80% of Board representation allocated on a proportional basis according to quantum of investment
20% of Board representation elected through a voting process, irrespective of investment quantum

13.3 The Board shall retain veto power over all decisions including, but not limited to, amendments to this document, determination of returns, and approval of investments.

13.3A Any amendment of the Bylaws shall be valid only upon approval by a two-thirds (2/3) majority vote of the General Body of Shareholders.

13.4 All investment decisions shall be supported by independent, professional due diligence reports with documented rationale and risk assessment.

13.5 The Board of Directors shall conduct monthly, quarterly, and annual review meetings to monitor the overall performance of investments and take appropriate strategic actions.

13.6 The Board of Directors shall provide quarterly and annual updates to investors through formal meetings or official communication channels.

14. Investor Identification and Security

14.1 Official Investor Identity Cards shall be issued to all shareholders as proof of their investment status.

14.2 Investors holding multiple units shall receive separate, individually numbered Investor Cards for each unit.

14.3 Loss or damage of an Investor Card shall incur a replacement fee of 500.

14.4 Investor Portal login credentials are personal and confidential. Investors must not share, disclose, or permit unauthorized access to their credentials. ALIF shall not be liable for any loss arising from unauthorized access due to investor negligence.

15. Financial Transactions and Investor Access

15.1 Financial transactions within ALIF shall be conducted in QAR or INR as applicable.

15.2 Payments and return distributions may be effected through the following channels:

Bank transfer via designated ALIF accounts
In-hand payment through authorized ALIF representatives

15.3 All investors shall be granted access to their individual investment records, transaction history, and distribution statements through the secure ALIF Investor Portal.

16. Compliance, Discipline and Conduct

16.1 All investors and members must strictly adhere to all applicable ALIF rules, policies, bylaws, and procedures as published and updated from time to time.

16.2 Violations of ALIF rules or conduct standards may result in one or more of the following consequences, at the Board's discretion:

Termination of membership and investor status
Cancellation of all or specific investment units
Application of financial penalties as specified in the relevant policy

17. Risk, Responsibility and Capital Protection

17.1 ALIF shall ensure the return of invested capital to investors in the following circumstances:

Foreclosure or early termination of an investment batch
Internal unavoidable circumstances that render the continuation of an investment cycle impossible

17.2 ALIF does not guarantee returns above and beyond the principal. Investors acknowledge that all investments carry inherent risk and that returns are subject to business performance.

17.3 Investors are advised to make investment decisions based on their own independent assessment of risk tolerance and financial capability.

17.4 Risk Acknowledgment: All shareholders shall acknowledge and fully understand the nature and principles of ALIF's business, which inherently involves financial risks. The primary risk is the potential loss of invested capital, which may be partial or total. Shareholders shall make an informed decision and voluntarily assume these risks before enrolling or investing in ALIF.

17.5 Responsibility of Inexperienced Shareholders: If any shareholder is inexperienced, illiterate, or lacks sufficient knowledge in investments and business matters, it shall be the sole responsibility of the individual to seek proper guidance and fully understand the potential risk factors. Enrollment in ALIF shall only occur after such due diligence and informed understanding.

17.6 Liability for Losses: In the event of a complete loss, ALIF shall not be held liable for the principal amount invested by any shareholder. Any such loss shall be borne equally by all shareholders, in proportion to their respective investments.

18. Communication and Investor Support

18.1 ALIF shall provide prompt and professional support to all investors through official and designated communication channels.

18.2 Investors may raise queries, concerns, or complaints through the following channels:

Official ALIF email address
Designated ALIF support telephone number
The ALIF Investor Portal messaging system

18.3 ALIF commits to acknowledging investor queries within two (2) business days and resolving matters within a reasonable timeframe.

19. Investor Participation and Suggestions

19.1 Investors are encouraged to actively contribute to the growth and improvement of ALIF by providing constructive suggestions and recommendations. All submissions must be made using official documented suggestion forms available through the ALIF portal or Administration Team.

19.2 All suggestions submitted by shareholders shall be reviewed by the Board of Directors. Implementation shall be at the sole discretion of the Board. A summary of all received, reviewed, and implemented suggestions shall be presented in quarterly and annual reports.

19.3 Quarterly and Annual General Body Meetings shall be conducted for the presentation of annual reports, wherein investors shall have the right to submit suggestions, raise questions, and present proposals to the Board.

19.4 All investors shall have the right to submit ideas and proposals; however, such submissions must be made strictly through formal documentation.

19.5 A dedicated communication platform (e.g., a WhatsApp group) may be established to facilitate swift communication. Notwithstanding this, all official communications shall be conducted through formal channels, including email or duly issued written documents.

20. Acceptance, Amendments and Governing Terms

20.1 Participation, contribution, or investment in ALIF in any form shall constitute unconditional acceptance of this Constitution, all Bylaws, and these Terms & Conditions.

20.2 The Board reserves the right to amend, modify, update, or revoke any provision of this document at any time. Investors shall be notified of material changes through official ALIF communication channels. (Clause 13.3A is hereby confirmed as applicable and in full effect.)

20.3 In the event of any conflict between this document and any other ALIF communication, this Constitution shall prevail unless expressly superseded by a formal Board resolution.

20.4 This document shall be governed by and construed in accordance with applicable law, and any disputes shall be subject to the jurisdiction as determined by the Board.